OKX Expands AML Scrutiny on Telegram and Huiwang Channels
OKX CEO Star Xu outlines source-of-funds reviews for high-risk crypto transfers that can restrict accounts for 15 days or longer and lead to permanent bans on illicit activity.
OKX CEO Star Xu stated that deposits from high-risk channels can trigger anti-money-laundering reviews during which the exchange may restrict account functions and access to funds.
Confirmed illicit activity can lead to permanent account bans.
Xu identified Telegram guarantee groups and Huiwang-linked transfers as higher-risk funding channels subject to enhanced source-of-funds checks.
Scope and limits of the policy
Review length depends on the facts of each case and is not fixed at 15 days.
OKX has not disclosed the blockchain analytics providers or risk-score thresholds used in these reviews.
False positives that affect legitimate users remain an acknowledged operational challenge for the exchange.